Economy

United Kingdom
British Gas and Octopus Energy ‘Back Energy Bill Freeze for Two Years’
The plan will reportedly see the launch of a multi-billion fund to cover the rising cost of the price cap
Energy Investment
‘Tepid’ Demand for U.S. Sustainable Funds in July, Report Says
Investors deposited $120 million into U.S. sustainable funds last month, a "tepid" amount of inflows that coincided with a broader retreat from mutual funds and…
Natural Gas
German Energy Market Would Collapse Without Gas Levy - Habeck
Germany had to introduce its new levy to help utilities cover the cost of replacing Russian supplies or else its energy market would collapse, Economy Minister …
Nuclear Technology
Bill Gates’ TerraPower Raises $750 Million for Advanced Nuclear Technologies
TerraPower, one of the companies racing to build a small modular reactor (SMR), announced it raised $750 million.
Thermal Coal
South African Coal Producer Acquires Majority Stake in Windlab Africa
South African thermal coal producer Seriti Resources is seeking to diversify its energy assets and contribute to the country’s green energy transition.
Nuclear Technology
South Korea’s SK Invests $250 Mln in Bill Gates’ Terrapower for Nuclear Power Tech
South Korea's SK Inc said on Monday it and an affiliate invested $250 million in TerraPower, a U.S. venture founded by billionaire Bill Gates that develops smal…
Geothermal Power Plant
New Zealand’s Contact Energy to Reinforce Renewable Energy Generation With $193 Million Investment
New Zealand's Contact Energy said on Monday it would spend NZ$300 million to build a 51.4 megawatt geothermal power unit near its Te Huka power station in Taupo…
Natural Gas
German Finance Minister Writes to Brussels Over VAT Exemption for Gas Levy
German finance minister Christian Lindner has written to the European Commission seeking permission to waive value-added tax on a new gas price levy for a limit…
Solar Power Plant
PPC Renewables Invites Bids for Greece’s Solar PV Plant
A 550MW solar photovoltaic plant will be built in Ptolemaida at a cost of €216m and will be completed by 2024, becoming Greece’s biggest solar PV plant.
Solar Power Panel
The $369 Billion Promise That Sent Clean Energy Stocks Soaring
For clean energy stocks, the result has been immediate, with solar stocks, in particular, soaring as soon as it became clear that the bill would be passed.
United Kingdom
E.ON Makes More Than £3BN in Profit in First Six Months
The global energy group said EBITDA declined by £591 million.
Vestas Sells Converters and Controls Business to KK Wind Solutions
Vestas continuously looks for partners that can support its strategic focus on its core business and help scale renewables efficiently in the long-term.
Australia
Australia’s Energy Industry Posts 16.7% Mom Turnover Growth in June
It has the largest percentage growth for two consecutive months.
Oil Refinery
U.S. Oil Refiners, Pipeline Companies Expect Strong Demand for Rest of 2022
U.S. oil refiners and pipeline operators expect energy consumption to be strong for the second half of 2022, even though analysts and industry watchers have wor…
Wind Power Project
Colombia Announces the First Offshore Wind Energy Tender
The Colombian Ministry of Mining and Energy has launched the country’s first offshore wind lease round and expects to grant permits for the use of marine areas…

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Economy

British Gas and Octopus Energy ‘Back Energy Bill Freeze for Two Years’

‘Tepid’ Demand for U.S. Sustainable Funds in July, Report Says

German Energy Market Would Collapse Without Gas Levy - Habeck

Bill Gates’ TerraPower Raises $750 Million for Advanced Nuclear Technologies

South African Coal Producer Acquires Majority Stake in Windlab Africa

South Korea’s SK Invests $250 Mln in Bill Gates’ Terrapower for Nuclear Power Tech

New Zealand’s Contact Energy to Reinforce Renewable Energy Generation With $193 Million Investment

German Finance Minister Writes to Brussels Over VAT Exemption for Gas Levy

PPC Renewables Invites Bids for Greece’s Solar PV Plant

The $369 Billion Promise That Sent Clean Energy Stocks Soaring

E.ON Makes More Than £3BN in Profit in First Six Months

Vestas Sells Converters and Controls Business to KK Wind Solutions

Australia’s Energy Industry Posts 16.7% Mom Turnover Growth in June

U.S. Oil Refiners, Pipeline Companies Expect Strong Demand for Rest of 2022

Colombia Announces the First Offshore Wind Energy Tender